Changes to the Ginnie Mae program were included among 35 priority recommendations for fiscal 2024 from the Department of Housing and Urban Development’s Office of Inspector General.

The rapid runoff at the Federal Reserve’s overnight repo operations could mean quantitative tightening will end sooner than expected.

Hybrid work environments are expected to put pressure on CMBS loans for office properties over the next two years and lead to a growing number of properties failing to refinance.

The repo market continues to be a source of liquidity for nonbanks with large mortgage servicing portfolios. One recent transaction involves a $500 million credit granted to loanDepot by Goldman Sachs and others.

Ginnie Mae continues efforts to provide smaller financial institutions greater access to its securitization platform, Principal Executive Vice President Sam Valverde said last month.

The latest mortgage rumor in the nation’s capital: President Biden might turn to Fannie and Freddie in an attempt to push down borrowing rates, thus aiding his reelection chances.

Based on a new proposal, it would seem that banking regulators are paying closer attention to how much money federally insured depositories are lending to nonbanks.

Mortgage lenders and servicers must process loan assumptions in accordance with regulations or could face penalties, the VA cautioned.

House and Senate leadership have agreed to a topline budget number of $773 billion in non-defense spending for fiscal 2024.

Consultant Paul Hindman may have said it best: “Hiring, then firing is just too painful.” The good news is that thanks to lower rates and the spring homebuying season approaching, originators soon may be hiring again. The bad news: It won’t be huge.